Premium Governance Mandate Architecture
1️⃣ Entry Layer
Volatility Governance Review
Purpose
Structured assessment of capital durability under structural volatility.
Scope (single engagement)
• Stress ROCE sensitivity discussion
• Merchant exposure review
• Pass-Through Effectiveness assessment
• Capex gating logic review
• Energy dispersion mapping
• 3–5 governance observations memo
Format
2–3 hour closed session
- concise written summary (5–7 pages)
Pricing Model
Fixed Professional Fee
Positioning language:
“The Governance Review is structured as a fixed professional mandate.”
No hourly billing.
No negotiation tone.
2️⃣ Core Layer
Annual Volatility Governance Mandate
Purpose
Ongoing capital discipline architecture support at governance level.
Scope (annual)
• Quarterly Stress ROCE review session
• Merchant exposure discipline oversight
• Capex gating review discussion
• Energy sensitivity update
• Governance alignment calibration
• Direct access for capital-level discussion
Not operational.
Not implementation.
Not project management.
Pure governance architecture.
Compensation Model
Annual Retainer (paid quarterly or semi-annually)
Positioning language:
“The Governance Mandate is structured on an annual retainer basis, reflecting continuity and capital alignment.”
Clean.
Institutional.
Predictable.
3️⃣ Optional Performance Layer
(Only if strategically aligned)
Purpose
Align governance architecture with measurable capital durability outcomes.
Possible metrics:
• Stress ROCE floor protection
• ROCE stability improvement
• Capital allocation adherence
• Merchant exposure reduction discipline
Compensation:
Pre-defined performance honorarium.
Not equity.
Not upside speculation.
Not leverage.
Aligned — but controlled.